Alteryx Enhances Cloud and Generative AI Capabilities with Google Cloud

Rhea-AI Summary

Alteryx partners with Google Cloud to expand AI capabilities and offer private data handling support on Alteryx Analytics Cloud, empowering customers with more control over their data management.

Insights

Data Analytics Expert

The expansion of Alteryx Analytics Cloud with Google Cloud signifies a strategic move within the data analytics and business intelligence industry. By integrating with Google Cloud's Gemini models, Alteryx is enhancing its AI capabilities, potentially improving the speed and efficiency at which businesses can perform analytics tasks. The conversational interface is an innovative feature that could democratize data analytics, making it more accessible to a broader range of users within an organization.

The introduction of private data handling support is a significant development for companies concerned with data sovereignty and privacy. This feature may appeal to sectors with stringent data handling regulations, such as healthcare and finance, where data must be processed within certain geographical boundaries or under specific compliance frameworks. The ability to process data in a client's private cloud environment is a competitive advantage that could lead to increased adoption of Alteryx's services among privacy-conscious businesses.

Cloud Technology Analyst

Alteryx's collaboration with Google Cloud represents a notable evolution in cloud technology and its application in AI-enhanced analytics. The partnership leverages Google's advanced AI and machine learning capabilities, which could lead to more sophisticated and nuanced analytics models. This integration allows for a seamless data analytics experience within the Google Cloud ecosystem, potentially reducing operational friction and accelerating the time-to-insight for Alteryx customers.

From a market perspective, this move may position Alteryx favorably against competitors by offering a more comprehensive and integrated analytics solution. The ability to handle data processing needs within the Google Cloud environment could attract new customers and retain existing ones by simplifying their analytics pipelines and offering state-of-the-art AI tools.

IT Industry Analyst

The demand for generative AI is rapidly growing, as evidenced by the research indicating that 90% of IT professionals see it as transformative. Alteryx's initiative to incorporate this technology through its partnership with Google Cloud could be seen as a response to market demands for more advanced AI solutions in analytics. The move aligns with industry trends towards increased AI adoption and could signal a shift in how enterprises approach data analytics, prioritizing AI integration to gain a competitive edge.

The long-term implications for Alteryx could include a stronger market position and potential revenue growth as businesses seek to leverage AI to enhance their analytic capabilities. However, the success of this initiative will largely depend on the effectiveness of the Gemini models and the extent to which they can improve the customer experience and analytic outcomes.

Alteryx expands Alteryx Analytics Cloud and AI offerings with Google Cloud, providing customers a conversational interface to interact with their data and more control over where their data is managed

IRVINE, Calif., April 9, 2024 /PRNewswire/ -- Alteryx, Inc., a leader for enterprise analytics, today announced the launch of Alteryx Analytics Cloud on Google Cloud, alongside expanded AI capabilities with Google Cloud's Gemini models. Gemini models extend the capabilities of Alteryx AiDIN, the AI engine powering the Alteryx AI Platform. Further, Alteryx now offers private data handling support for Google Cloud on the Alteryx Analytics Cloud. 

There is more demand than ever for companies to build a data analytics stack using their choice of AI solutions. According to new Alteryx research, 90% of IT professionals say generative AI is changing the way they approach technology implementation. By expanding Google Cloud ecosystem offerings, Alteryx is giving customers more flexible options as they modernize their data stack to support AI-enhanced analytics use cases.

With the Gemini models integration, Alteryx is partnering with Google Cloud to deliver AI functionality that lowers the threshold for new users to get started on their analytics journey, accelerate productivity for building analytic workflows, and gives customers a conversational interface to interact with data. At Alteryx Inspire 2024, Alteryx will announce innovations that leverage Gemini models.

"We are excited to help customers use AI to enhance their analytic capabilities, through our long-standing partnership with Google Cloud," said Adam Wilson, senior vice president & general manager, Alteryx Analytics Cloud. "In the age of AI adoption, it's especially important for customers to have powerful AI offerings combined with flexible deployment options to roll out AI at scale within their organizations."

Alteryx also unveiled Alteryx Analytics Cloud for Google Cloud, which enables data processing in a client's private cloud environment. With the deepened integration, customers will now have more control over where their data is stored and processed, an important capability for AI-driven use cases.

"Alteryx's expanded partnership with Google Cloud will help customers utilize Google's AI and machine learning offerings," said Gerrit Kazmaier, GM and VP, Data Analytics, Google Cloud. "Now Alteryx customers can handle their data processing needs within their Google Cloud environment, reducing friction and allowing them to drive valuable analytics insights faster than before."

This launch builds on existing integrations between Alteryx and Google Cloud. Alteryx powers Dataprep, which has provided a cloud data service to explore, clean, and prepare data in BigQuery. Most recently, Alteryx launched a Designer Cloud integration with Looker Studio.

"Our research shows that when organizations combine AI with their analytics stacks more than 8 in 10 experience positive outcomes," said David Menninger, Executive Director, Ventana Research, part of ISG. "The combination of Alteryx and Google Cloud capabilities will help more organizations realize these benefits throughout their analytical processes."

For more information, visit the Alteryx booth (#1365) at the Google Cloud Next conference in Las Vegas or visit the Alteryx Analytics Cloud landing page.

About Alteryx
Alteryx powers actionable insights with the AI Platform for Enterprise Analytics. With Alteryx, organizations can drive smarter, faster decisions with a secure platform deployable in on-prem, hybrid, and cloud environments. More than 8,000 customers globally rely on Alteryx to automate analytics to improve revenue performance, manage costs, and mitigate risks across their organizations.

 

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SOURCE Alteryx, Inc.

FAQ

What is Alteryx's new partnership with Google Cloud about?

Alteryx has expanded its AI capabilities and launched Alteryx Analytics Cloud on Google Cloud, providing customers with a conversational interface and private data handling support.

How does Alteryx aim to enhance customer analytics capabilities through the partnership?

Alteryx aims to help customers enhance their analytic capabilities by offering powerful AI offerings combined with flexible deployment options to scale AI within organizations.

What are the benefits of the Gemini models integration for Alteryx users?

The Gemini models integration lowers the threshold for new users to start analytics journey, accelerates productivity, and provides a conversational interface for data interaction.

What does Alteryx Analytics Cloud for Google Cloud enable customers to do?

Alteryx Analytics Cloud for Google Cloud enables data processing in a client's private cloud environment, giving customers more control over data storage and processing.

How does the expanded partnership with Google Cloud benefit Alteryx customers?

The expanded partnership allows Alteryx customers to utilize Google's AI and machine learning offerings, handle data processing within their Google Cloud environment, and drive valuable analytics insights faster.